ORDED FOR CLEARING DEBTS

He said in Dar es Salaam on Tuesday that the government has been setting aside budgets for ministries to pay for services they buy from other organisations and other institutions have their own for such services.

“All public entities owed by other institutions must pay the outstanding debts, failure to implement that amounts to poor governance,” he said, adding that the government has already issued directives that must be implemented.

He said the management of the institutions with arrears will be accountable for failure to service their debts for the services received.

He emphasized that the government will not tolerate seeing some ministries and institutions contributing to poor performance of other stateowned entities for not paying services delivered.

He said the same applies for the unpaid debts accumulated for years that should be cleared immediately to make the entities offered the services to continue growing.

In the meantime, Mr Mafuru said after completing the review of some failed privatisation of public entities the report awaits the decisions and measure to be taken by the cabinet. “It is the cabinet that will decide on what type of investment suits the each of the failed entities to avoid falling into the past mistakes,” he said.

He said through the Tanzania Investment Centre (TIC), many investors are coming to the country looking for investment opportunities. Thus, the failed public entities could be one of the investment opportunities for the potential investors.

The government has identified and reviewed 82 public enterprises that failed to deliver and meet expectations in order to undertake the right investment action that will benefit the country.

The government has reviewed 82 institutions, identifying better performing firms out of over 300 public enterprises and awarded certificates and in bad state for further action.